National Republican., 1887-12-14
RAILWAY NOTES.

The Manhattan Elevated railroad directors
have declared the regular quarterly dividend
OF ~ per cent.
A number of cars ou the northern division
Of the Old Colony railroad were smashed by
derailment yesterday.
Judge Gresham has ordered Receiver Nc
Nuta. of the Wabash road, TO defer payment OF
interest on the January coupons until further
orders.
The Allegheny and Kersaw railroad, which
Is to be six miles In length, was incorporated
IN Pennsylvania yesterday. The capital stock
isa600,O00.
The new overland time table by which
trains VIII run from Chicago to San Francisco
In three days and twenty one hours will go
into effect Dec. 81.
At the annual meeting of the New York and
New England railroad yeste rday a full board
OF nineteen directors was, elected, the issue OF
Sl,950,000 mortgage bonds ordered, and the
leases of certain Massachusetts, and Rhode
Island railroads ratified.
AZ the annual meeting of the stockholders
of the Baltimore and Philadelphia Railr ,ad
Company held yesterday James B. Washing
TSc to
l. King; w II. Jams, treasurer; John G. Tara
secretary: directors, !. b. Washington, VIM: NJ
Candy, Victor du Pont, l.. @. Cassidy, W. l..
Gle ments, Theodore rockingham, j. Van
Smith. and j. V. Patton.
At the meeting of the stockholders OF the
Richmond ard West Point Terminal COMPANY
held yesterday more than 10000 shares ol
common ana prcferred stock were represented
John T.. Branch, OF Richmond. was elected
chairman OF the meeting, and AFTER the trans.
action Of the usual routine business Mr.. Alfred
Sully, of New York, was unanimously re,
elect, d president OF the company, rhe follow.
ing directors were also unanimously chosen;
John II. lnmnn, George l.. Scott, Samuel
thomas, g. NJ. MeGhte, John O.: NJ 'ore. S,
NOrm9cr, George II. Stone. J. A. rutherford,
William Rocgftllow, Calvin \. Bryce, Emanuel
Lehman, X. r. Wilson, Il. T. Flower John II.
Hail, all of New York; and James b. Pace aud
4 Nj Logan, OF Richmond. fhe presidents
ruOIt was submitted ana showed pro .perous
Col diiion OF the company's affairs BY It's con.
lIol Oi the Richmond and Danville railroad,
the Fat Tenuessee, Virginia and Georgia, the
Georgia Pacific, aud the lines of the connect.
about AGO miies, which, In I olnt OF magnitude,
is the SIKH system in he United States. The
ntt ePrninss of the Richmond AMI Danvlie
road for the year were Sj31 1S6, against which
conjunction of S2I9,022 The net income
Of The Fast Tennessee, Virginia and Georgia
Compan! IS stated 10 be S5l30l2 ani the net
income OF the Georgia Pacific SlSi ,05. TAe
presidents report aninadverted on the use
leks invasion OF the terminal system by other
lines and argues In favor of the necessity of
The practical consolidation In one ownership
OF railway systems such as those controlled
bythe Terminal Company Mention is made
OF lines now being constructed by those
iIiendly to the interests of the company from
Clarksyille 10 Durham, and of the completion
ofa gan In the line Of the Georgia Pacific rail :
way. The physical condition of the system Is
to consider the pIopriely of establishing an
express company of its own. From the treas,
uIePsreport II appears that the total par value
Of the stocks bonds, and property OF the Ter
minal Company is fixed ats52,905,iOi.